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Institution of Affiliation<\/p>\n
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African Americans HomeownershipThe survey was conducted among 29 Individuals with all of them consenting to answer the questions. In response to the place of residence, 48.2% said that they lived in Florida, 45.8% lived in Georgia while 3.4% said that they lived in South Carolina. When asked to describe the type of home to which they were currently living, 69% said that they lived in a house while 31 percent lived in apartments. 72% said that some of their immediate family owned a home, 13.8% said all of them while a similar percentage, 13.8% said that none of their immediate family members owned a home. <\/p>\n
In response to the question, \u201cHow much do you know about owning a home?\u201d 62.1% said that they knew a few things, some said they knew a lot while 10.3% said that they knew nothing at all in regards to owning a home. When asked if they are planning to own a home in someday in future, 93.1% said yes, while no one said no. However, a smaller percentage said that they were not sure of whether they could own a home in the future. When asked whether they think that most of the African Americans own their homes or houses, a large percentage, 51.7% said no, 10% said yes while 37.9% said that they were not sure whether most of the African Americans own the houses they are living in presently.<\/p>\n
The next question was in regards to the number of realtors that the respondents knew. In response, 34.5% said that they knew two of them, 27.6% said that they knew 4, 24.1% reported 3, 10.3% reported one while the rest of the respondent said none. When asked whether they have ever tried to get a loan from the bank, 55.2% said no while 44.8% said yes.<\/p>\n
The next question tried to investigate the factors considered when purchasing a house. 86.2% stated that price was the main factor to consider when buying a home, 75.9% said location, 62.1% said personal credit, while 58.6% said that opportunities were the main factors to consider. In the event of buying a house, 81.5% said that they would like to own a house in the next five years, 14.8% in the next ten years while the rest of the respondents stated that they would like to own one in the next 15 years.<\/p>\n
The respondents were also asked about the gender which they identified with. 51.7% said that they identified with the female gender, while 48.3% stated that they identified with the female gender. None of the respondents preferred not to state their gender. For questions regarding ethnicity and race, 89.7% said that they identified with the Black\/African American, the least percentage identified with Hispanics while the rest were white\/Caucasian. In response to the question regarding marital status, 69% were single while 31% were married. A high number of the respondents, 32.1% earned a household income of $30,000-$40,000, 28.6% earned $50,000 and above, 21.4% earned $40,000-$50,000, 10% earned $20,000-$30,000 and the others 7.1% said that they earned no housed income.<\/p>\n","protected":false},"excerpt":{"rendered":"
Students Name Institution of Affiliation Course Title Date African Americans HomeownershipThe survey was conducted among 29 Individuals with all of<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-36552","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\n